Plug Power Inc (PLUG)

[uksausage]

SIRI was selling a service (albeit at a loss) but this is product sales completely different model. Although the debt burden my start to rise as well nothing like SIRI.

They buy the fuel cells (issue one that is where there is margin IMHO) and put them in specially designed packs to fit specific models of fork lift and supply the infrastructure for refueling them along with OXY.

every one apart from PLUG seems to make money.

I can understand it when they were getting their foot into the market but they are basically the only player and have so many success stories they should be ramping up and rolling out in big volumes now.

Just IMHO. played them a bit a couple of weeks ago but now they will do a Split(join?) to get the price up and stay on NASDAQ or delist.